Creation of a public limited company (SA) in Romania (societate pe actiuni in romania )

If you invest in Romania, then the limited company is one the options. A joint stock corporation is normally recognized by the use of the words limited incorporated or corporation in its name (Societate pe Actiuni, S.A).

The creation of a public company requires a minimum capital of the Romanian equivalent of 90000 RON. At the day of the creation at least 30% of the social capital is paid and if it is a creation by public subscription then this percentage increased to 50%.

"I emphasize that Romania does not register any delay in submission of the proposal by the Partnership, the deadline set by EU regulation is April 22, 2014" added Eugen Teodorovi

Substantiation selected needs to be covered by the rural development strategy in Romania 2014 2020 and selecting objectives, priorities and areas of intervention based on SWOT analysis and needs analysis.

Report On Retail, Investments And Construction Romania 2014

The renewable energy production reached a record figure at the end of last year, when the total capacity of the projects in the grid exceeded 3,757 MW, 60 per cent higher than in late 2012, according to data released by Transelectrica, Agerpres informs.

Romanian President Traian Basescu asked the Parliament to re-examine the law approving the government emergency ordinance no.57/2013, which defers some green certificates for renewable producers, claiming the European Commission, the executive arm of the EU, was not prenotified regarding the legal changes.

Law no. 68/2013 published in the Romanian Official Gazette 310 of May 29th, 2013, revoked the provisions that limit the right to deduct daily pay within the limit of 2,5 times the legal limit fixed for public institutions, namely art. 21 paragraph (3) letter b of Fiscal Code. The elimination was necessary for allowing the full deduction of expenses with the daily pay offered to employees in case this limit is exceeded.